U.S. Housing Starts and Permits

August 19th, 2017|Comments Off on U.S. Housing Starts and Permits

Total housing starts were reported at a seasonally adjusted (SA), annual rate of 1,155,000 for the month of July, down 4.8% month on month, (m/m). On a three month moving average (3MMA), basis SA total [...]

Consumer Credit

August 19th, 2017|Comments Off on Consumer Credit

June, consumer credit increased at a seasonally adjusted annual rate (SAAR), of 3.9%. Revolving credit increased at an annual rate of 5.0% percent, while nonrevolving credit increased at an annual rate of 3.6% percent. Total [...]

Employment New Jobless Claims

August 18th, 2017|Comments Off on Employment New Jobless Claims

The U.S. labor market continued to perform well in August. Initial claims for unemployment insurance benefits remain at a historically low level. New seasonally adjusted (SA), filings for unemployment insurance benefits fell by 12,000 to 232,000 [...]

Non-Residential Consensus Forecast for 2017 and 2018

August 11th, 2017|Comments Off on Non-Residential Consensus Forecast for 2017 and 2018

In its July update, the American Institute of Architects (AIA) consensus non-residential forecast is for aggregate spending to increase by 3.8% year on year (y/y), in 2017. Non-residential spending is projected to increase an additional [...]

Employment by Industry

August 11th, 2017|Comments Off on Employment by Industry

The nation's economy is performing well and its prospects through 2018 remain good. On August 4th, the Bureau of Labor Statistics (BLS) reported that 209,000 new jobs were created in July. This brings the total [...]

Currency Report

August 7th, 2017|Comments Off on Currency Report

The Broad (or trade weighted US dollar index), Index fell year on year, (-1.2%) for the first time in three years. The monthly Broad Index recorded a value of 96.77 for July, down in each [...]